550 5th Avenue, New York, NY 10036 - Office Space for rent
550 5th Avenue is located at 550 5th Avenue in the Central Midtown neighborhood, NY, New York, 10036. The Class B Office building was completed in 2016 and features a total of 68,029 Sqft. There are 2 Office spaces available for lease at 550 5th Avenue, New York, NY, 10036, totaling 11,892 Sqft. The largest space available has 5,946 Sqft.
There are 1,230 office spaces for lease in the Central Midtown neighborhood, totaling 14,312,584 Sqft of available office space. The office space availability for the 10036 zip code is 6,855,281 Sqft, in 511 office spaces. The average asking office rent per sq. ft. in Central Midtown is $62.98/sqft/year. For Class A+ office buildings the average office rate is $80.7/sqft/year, for Class A office buildings the average office rate is $69.38/sqft/year, for Class B office buildings the average office rate is $56.43/sqft/year, for Class C office buildings the average office rate is $59.75/sqft/year.
In Central Midtown, there are 112 class B office buildings. In Central Midtown, there are a total of 53 LEED certified office buildings. In 2016, the same year 550 5th Avenue was built, 34 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 3,018,146 square feet of commercial space. At zip code level, there are 107 commercial properties, of which 104 are office buildings over 50,000 square feet.